REO

If it's a REO you can't do a short sale..You do that before it becomes a REO. A Realtor can do this for you....If you are in a State where Lawyers do this then I don't know what the deal is there..

Hi there my name is George i am a private investor in California dealing with reo and banks first i need to know were you live state only please i deal out of state also because i own homes out of state i have many of these called  reo but the difference in reos from the norm is mine are preselected and not shoped around like others claim to have the best reo tapes in the country be careful with that you may think your the only person buying these home and pow some one els took the best prized home off you hands i have been doing these for a few years and i will tell you be careful what your buying check everything out first before you buy you could find a good reo but the property could have leans on it that you will have to pay ask any all questions you have a bought the reo in questioned before you buy check tittle of property

With the recent housing crisis in the United States, many investors have seized opportunities to increase their real estate profits through purchasing distressed properties. Many new investors have also discovered that they can obtain properties for less than their market value and realize an incredible profit by reselling them. However, it is by far better to invest in REO properties than it is to purchase real estate via short sale or foreclosure. There are tools which can give the investment value of any given property with ability to predict how much appreciation it achieves in the coming years. For more information look into http://www.smartzip.com/info/score